Wealth|Knowledge and Action… Creates Wealth
May
22
Kozlov M asked:
In addition to building grand palaces, in what other ways did absolute rulers use the vast wealth the accumulated?
In addition to building grand palaces, in what other ways did absolute rulers use the vast wealth the accumulated?
How did they use their wealth in the 16th century?
ETHAN
Comments
pipfmobile on 24 May, 2009 at 12:15 am #
many of them used their wealth to finance wars. In fact in the 16th century, war was the number 1 spending item for most monarchs, it was an extremely costly affair as they had to pay for the soldiers, their food and weapons/ horses etc.
Other spending involved donations to churches, monastaries etc, and good old fashioned parties.
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